February 26, 2018 / 12:08 PM / 6 months ago

BRIEF-GT Gold Announces $6.5 Mln Private Placement Financing

Feb 26 (Reuters) - Gt Gold Corp:

* GT GOLD ANNOUNCES $6.5 MILLION PRIVATE PLACEMENT FINANCING

* GT GOLD CORP - OFFERING WILL INVOLVE SALE OF 7.7 MILLION COMMON SHARES OF CO TO BE SOLD ON FLOW-THROUGH BASIS AT PRICE OF $0.84 PER SHARE

* NET PROCEEDS FROM OFFERING WILL BE USED FOR EXPLORATION OF CO’S SADDLE GOLD-SILVER DISCOVERY IN B.C.’S GOLDEN TRIANGLE

* NET PROCEEDS FROM OFFERING WILL ALSO BE ADDITIONAL TO CO’S CURRENT CAPITAL RESOURCES WHICH EXCEED $3.2 MILLION Source text for Eikon: Further company coverage:

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